About Retelit
Retelit is a company based in Milan (Italy) founded in 1999 was acquired by Asterion Industrial in December 2021.. Retelit has completed 4 acquisitions, including Alveo, BT Italia and Brennercom. Retelit offers products and services including Connectivity Services and Cloud Solutions.
- Headquarter Milan, Italy
-
Sectors
Telecommunications
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Retelit S.P.A.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$54.7 K (USD), Grant
Jan 15, 2024
-
Investors
European Union
& 1 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Alveo
& 3 more
-
Acquired by
Asterion Industrial
(Dec 01, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Retelit
Retelit offers a comprehensive portfolio of products and services, including Connectivity Services and Cloud Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for network connectivity and transport are offered to ensure reliable communication.
Cloud platforms are provided for data storage, migration, and management to support business operations.
Unlock access to complete
Software Development Team
20 people
Sales and Marketing
12 people
Head Team
7 people
Service Team
6 people
Key Team
5 people
Human Resources and Administration
5 people
Senior Team
3 people
Responsabile Team
3 people
Unlock access to complete
Funding Insights of Retelit
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $54,697
-
First Round
First Round
(01 Oct 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Grant - Retelit | Valuation |
investors |
|
| Oct, 2020 | Amount | Post-IPO - Retelit | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Retelit
Retelit has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Asterion Industrial. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location | |
|
Industrial investments are managed by the firm in Spain.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Retelit
Retelit has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Alveo, BT Italia and Brennercom. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cloud, datacenter, and SD-WAN networking services are provided globally.
|
2002 | ||||
|
Provider of communication and IT services for businesses and public administration
|
1999 | ||||
|
Alveo is engaged in providing innovative IT solutions and services.
|
1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Retelit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Retelit Comparisons
Competitors of Retelit
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Retelit
When was Retelit founded?
Retelit was founded in 1999 and raised its 1st funding round 21 years after it was founded.
Where is Retelit located?
Retelit is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Who is the current CEO of Retelit?
Jorge Alvarez is the current CEO of Retelit.
What does Retelit do?
Founded in 1999 and headquartered in Milan, Italy, Retelit operates in the telecommunications and ICT sector. Services such as connectivity, voice communications, cloud computing, data center colocation, and cybersecurity are delivered to businesses, public administrations, and telecom operators. A national fiber optic network, international backbones, and multiple data centers form the core infrastructure. Managed IT services are also offered to support digital transformation across various market segments.
What products or services does Retelit offer?
Retelit offers Connectivity Services and Cloud Solutions.
How many acquisitions has Retelit made?
Retelit has made 4 acquisitions, including Alveo, BT Italia, and Brennercom.
Who are Retelit's investors?
Retelit has 2 investors. Key investors include European Union, and Asterion Industrial.